Looking for expert Gemstone Appraisal and Valuation in Singapore? Understand the true value of your precious stones with Howe Wei, Graduate Gemologist (GIA).
All You Need to Know About Gem Appraisal or Gem Valuation in Singapore
What is gem appraisal or gem valuation?
Gem appraisal or gem valuation is the art and science of thoroughly evaluating a loose gemstone in order to determine its monetary value. Gem appraisal is essential for anyone buying or selling gems, as it helps ensure that the buyer gets fair market value for their purchase and gives sellers assurance that they are getting what their gemstone is worth. The process involves evaluating the physical and chemical properties of the gemstone as well as its potential resale value, if applicable.
Why Do You Need a Gem Appraisal or Gem Valuation?
Gem appraisal or gem valuation determines the monetary value of a precious stone in Singapore. Appraisals are important for insurance policies, jewelry purchases and sales, and to have an understanding of the properties of a particular gemstone. Through gem appraisals you can understand what type of gem it is, how much carat weight it has, its clarity, color grade, cut and more. Thus, it proves useful to know what kind of information you can get from a gem appraisal so that you can make informed decisions when buying or selling gems.
Identification of Gemstone by a Professional Gemologist
The primary considerations when appraising a gemstone include color, clarity, carat weight, cut, shape and origin. Knowledgeable jewelers and gemologists will be able to look at the stone under magnification and use special instruments to measure factors like carat weight with precision. The stone’s durability will also be taken into account — diamonds are about 10 times harder than rubies—as these can impact longevity and marketability of the item in question. Other parameters such as warranty information from certified labs and possible resale prices should be considered as well.
Market Value of The Stone
A professional appraisal goes beyond determining an approximate dollar amount for a stone; it provides buyers with scientific evidence regarding its authenticity and quality along with the peace of mind relative to additional safety protocols established by the law governing sales involving fine jewelry.
When you receive a professional gemstone appraisal in Singapore, it also confirms that no undisclosed treatments were done to the stone before purchase. This certification ensures the gem's purity, preventing buyers from unintentionally acquiring an item that may be worth less than anticipated.
Need help with gemstone appraisal or gem valuation service in Singapore? Speak to Howe Wei, Graduate Gemologist (GIA) in Singapore
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